Rohlik Group, a Prague, Czech Republic-based online grocery business, raised €190m in funding.
The round qas led by Partech, joined by Index Ventures, with participation from EBRD, J&T Banka, Quadrille Capital, R2G and existing investor Enern.
The company intends to use the funds to accelerate its expansion in its existing markets and launch in Germany and other international markets and continue to invest in technology and operating capabilities.
Founded in 2014 and led by Tomáš Čupr, CEO, Rohlik is an e-grocery company owning its end-to-end operations, including all technology in-house and offering a supermarket selection of products from local farmers and artisans. The company is already active in the Czech Republic (Rohlik.cz), Hungary (Kifli.hu) and Austria (Gurkerl.at), and will be launching in the coming months in Germany (Knuspr.de). Rohlik’s turnover exceeded €300m in 2020 with 750,000 customers across three international markets.
The fundraising was supported by Arma Partners as exclusive financial advisor, legal advice from White & Case as well as the tax and accounting due diligence from Deloitte.
FinSMEs
02/03/2021